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IMO, this is yet another conservative argument to put more money in their own pockets (by reducing taxes, accomplished by reducing investment in education). No
by forapurpose 8y ago
IMO, this is yet another conservative argument to put more money in their own pockets (by reducing taxes, accomplished by reducing investment in education). No matter how cynical, the results of the argued policies are always the same.
Colleges are not victims of some Godlike invisible economic hand; they set their prices as they wish, and before this dogmatic obsession with the market, they set the prices to education as many people as they could - that was their mission, not money. Instead, they are acting as market participants selling a service for which there is inelastic demand - their customers almost can't say no; education is almost invaluable. Therefore they can raise their prices indefinitely - similar to health care.
The problem is not that we are funding students. The problem is market pricing for education.